but howard schultz is obviously a liberal, starbucks is a very blue company. idea the racism on the cups and all of that, people got upset, they want to get their coffee. they don't want to get a social lesson. we'll see because this is about the marketplace, it's a publicly held company. we'll see if it's going to be about a redistribution of wealth as you noted. but from the middle class who sharp at starbucks, shame with chipotle. it's the middle class, the working class that is now going to be gouged a bit to send other people to college and get a higher rate. >> if you're in the middle class and going paycheck to paycheck, you shouldn't be paying 5.50 for a law take a in the morning. if they're making an extra 20 cents for it i think it's great. because a lot of that will go to. college but a lot of it is going back to the shareholders. i think it's fantastic for the shareholders. >> well, let's look at something like container store. you remember container store went public and another reason i think this is a great skace case study. it's a company, the

that's what howard schultz has done. he has done it right. that costs money. >> this new york panel recommending a $15 minimum wage for fast food workers in new york state. miguel's quarter is not going to be as great. i don't think your employees are have to worry. we will get cramer's mad dash and take another look at the proo he premarket. we have still just scratched the surface. a lot more "squawk on the street" from the nyc straight ahead. what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place that lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim? for all the confidence you need. td ameritrade. you got this. when you're not confident your company's data is secure the possibility of a breach can quickly become the only thing you think about. that's where at&t can help. at at&t we monitor our network traffic so we can see

on top of whole bunch initiatives howard schultz and came take on. it or hate it got to give starbuck as award for having personality at that company. >> i whole art head i agree. howard schultz has been phenomenal social activist to create positive change in society through his business and his wealth. one thing i would like to point out though, this is my personal hunch about it, obviously from a, from an intentional standpoint, who is going to say 100,000-dollar jobs initiative is horrible idea? however i personally think it needs to be stricter. it really shouldn't just be about hiring kids that may be weren't looked at being hired before. it needs to be hire kids and tie their job sustenance with some type of education mandate where they complete some type of schooling. i think if you're just training somebody to poor coffee, that is great for starbucks, what about their future. liz: one step at a time, jason. >> i'm sharing my thought here. we love it. we love all ideas. jason, nancy, great to have you on the show. >> thanks, liz. >> thank you.

during the conference call howard schultz soak about a number of different things including how currency fluctuations would continue to be a considerable headwind and that there's been a lot of initial success with its mobile ordering and pay system at its pilot express store format in new york city. there's no doubt the stock has been seeing a lot of positive momentum. up 38% just so far this year. for now, that up trend continues. but some traders, of course, are wondering how long can it last without some kind of a pause? but starbucks, certainly a positive story on the heels of earnings. back to you guys. >> starbucks is not the only big mover after hours. amazon, as well. and find out how many jeff bezos made on the back of a the internet giant. that's come up. are you moving forward fast enough? everywhere you look, it strategy is now business strategy. and a partnership with hp can help you accelerate down a path created by people, technology and ideas. to move your company from what it is now... to what it needs to become. >>> welcome to the second hour of "worldwide exchange." h

i want to focus on what dom recapped on the conference call and that's what howard schultz is callingdinary pay of mobile pay, mobile order in the test store in new york city. the fact they can do business of a store three times its size is amazing. walk us through how you think that operational leverage, not every market is going to be as conducive as new york city. >> yeah, thanks for having me on. i would say the mobile order and pay is going to be a benefit going forward. if you realize it's only been a couple hundred storms, maybe 300 or so stores for the current quarter they just reported. it's rolling out or rolled out the 4,000 location. so the real benefit is going forward and it's really going help them alleviate some pressure off the line so it's going to improve the put and the stores because you can order before you get to the store and walk up to the a accept pretty area and help them with the food and allows stores to actually service the dwguests faster. >> one of the most important things an analyst can do, put starbucks multiple in the contest of the peer group and s

howard schultz, the ceo of starbucks i think would like to be recruited to do it.interested. but there isn't a ross perot. there isn't somebody i thought given this political environment would show up. >> you would think so given the number of them who identify as independent. even though a person declares himself as independent, they still typically vote one way or the other. they typically lean to the democratic party or lean to the republican party. >> i want to move to bernie sanders crowd sizes. should we care? >> absolutely. i think the clinton people care, even though they might play it down. i think -- >> i think the fact that they actively try to play it down -- i noticed that. no, no. we're not counting crowd sizes. why are you telling me that? >> what does bernie sanders offer that hillary clinton can't right now? authenticity. a sense of a message that feels unleashed and uncalculated in a lot of ways. and she's really struggling to contend with it. now i do think to give them a little credit i think they are glad right now that it is bernie sanders tha

and i always argue -- i push back against that so i would normally -- i would normally defend howard schultzut he's so preachy about so many different things is that what i'm going to say is i'm going to take the lefts position here. you saw how shareholders benefitted from starbucks and how much money they have made so now he's raising prices as coffee prices go down to pad his profits therefore further lining the pockets of shareholders which already have money further exacerbating income inequality and it's just for someone as preachy and self-righteous and howard schultz to be doing that. >> i'll push back on that. >> let me finish one more thing. >> in this country, you could probably ask most people on the street if you have a company and you can prove it has a history of maximizing profits, can that company be prosecuted? and i would say most people in the country right now would say, yes, that company should be prosecuted. if it's tried to maximize profits and has a history of that -- >> because we don't understand -- >> but you understand it if you're a shareholder of starbucks. >>

charles: they're angling at blacks, hispanics, another brilliant move on howard schultz's part.ant to be on the record. he's going to run for a major political office and he's going to be the west's version of donald trump and put it into position. it's it's-- they have ability to raise something like zombies, add an extra dime and no one is getting off the line. and for howard schultz is trying to impose his political will in america. >> that's why the viewers love charles no seriously, original thinking well done. >> good point. let's move on. look at chipotle raising prices because of higher minimum wages. >> this is one of these things where hillary clinton is coming out today and going to put out an economic plan and echoes what i've been saying. the left wants to hijack corporate income statements and here is the problem. i don't care how you do the math, net-net, you do this redistribution from corporate america it's break even. raise minimum wage fewer jobs and guess who pays? the poor consumer who wants a burrito now, that's who pays. stuart: check the big board. this i

. >> amazing enthusiasm out of howard schultz. >> christine, expectations here?gram? >> sure. we were expecting 42 cents. she came in line. beat top line by slightly. would love to hear more about mobile pay. that's become a huge part of their business. about 20% of transactions through their store. more about the rollout people using the mobile app to pay before they get there. >> amazon reporting 19 cents on $23.13 billion. street was looking for a loss of 14 cents on $23.39 billion. just looking through the release, total operating expenses, $22.7 billion. operating margin clocks in at 2% of worldwide sales. amazon web services net sales $1.8 billion and spinning ahead q-3 guidance $23.3 billion to $25.5 billion. street was around $24 billion. amazon reporting a 19 cent gain on $23.2 billion. back to you. >> profit growth at amazon. wow. 13% higher in after-hour trades. michael santoli, i saw you looking surprised there. >> surprised by the number. almost a billion dollar revenue beat is significant. this is another stock that will go against that reversal tre

that star bucks, that's star bucks when howard schultz came back, the stock goes 18 down to 7.r bucks came around. i think mcdojz isnald's is an interesting company. >> there's no shortage in terms of how many people fit their description of what they like. let's get to the movers. i'm looking at celgene. it's up almost 8% on the deal as the acquirer in terms of buying receptos. $232 in cash. that's a little over $7 billion price tag for a name my colleague has mentioned many times as potential takeover. the premium itself not as large as some had anticipated but the stock has moved up dramatically. flogging the heck out of this thing for good reason. >> when a stock goes up like this and this is what people by the way, when the acquirer goes up you have to say what's really going on? is it just the $6 billion in peak sales he thinks he can get from some of the major companys? no. it's the fact that they raised numbers dramatically in a release and they're talking about an outnumber that is making the stock incredibly cheep. this is no longer revelment. people are always worrie

howard schultz, i think one day he'll run for president, but they have to say we have to raise moneyhey could raise rent money from people who sit there all day. sandra: we've seen starbucks raise prices three straight years, but it's been the fancier higher end drinks. they're hitting this the basic coffee sales, the avente and brewed coffee goes up for ten minutes. >> if anybody goes for a cheap cup of gentlemen-- >>, but you can pat yourself on the back for helping a student go to college. >> they're matching up with raising costs. i think what starbucks is doing is kind of-- it's a day to get ahead of the curve. from an investment standpoint, they're trading at 52-week highs and i'm not kraed about the stock to -- i'm not crazy about the stock, but-- >> there's nothing more comforting for the shareholder for them to raise prices and starbucks probably fits the bill. a disappointing outlook. i'm not sure you heard this before, a disappointing outlook for chip maker amd. i think it's been that way. >> the shares are down 17%. nobody wants to see the shares of any stock they own go

>> howard schultz, coffee prices plummeting trying to pay out his profits and adding income inequalitystarbuck also a new high, still raising prices all of his good which could shoe work. >> he has you blocked. >> you blocked me? >> i have not blocked you. >> you blocked me? >> i have not blocked u. >> don't you block me. i get the e-mails. doesn't matter where you are, you have to deal with these things. >> and i wrote back. >> not on the 690 b. >> i thought it was like a typo. >> i thought you would know immediately, remember not like exxon, can't go down. >> this is true. i'm still there going to buy myself an apple watch. cnbc's reporters, we should tell you, stationed around europe. julia chartly covering the negotiation teams in brussels. steve liesman covering the german reaction in berlin and michelle caruso-cabrera covering greek action in athens. we will start with julia. good morning. >> good morning, andrew. 22 hours of marathon talks here in brussels produce an agree tomorrow keep greece in the eurozone. moments this weekend it looked pretty dicy and future talks on the th